Recently, I saw someone say, "Just throw it into the pool and earn transaction fees passively"... I get a bit obsessive-compulsive hearing that. The AMM curve, to put it simply, is you helping the market automatically quote prices. The more the price deviates, the more your position is passively rebalanced, and impermanent loss isn't some mystical concept; it's really less on the books. Can the transaction fees cover it? Looking at volatility and trading volume, often not.

With the spiral of inflation plus studio dumping in on-chain games, the token price becomes volatile, and it gets even worse in the pool: fees haven't increased much, but a sharp drawdown hits first. Anyway, I now first review all permissions before providing liquidity, isolate wallets, and avoid unnecessary interactions—sleep is more important. Let's chat again next time.